Inefficient management of public funds leads to missed opportunities for governments to invest in development priorities like education, healthcare, and infrastructure. Too often, governments borrow money while holding surplus funds that earn little or no returns. To address this, many countries have adopted the Treasury Single Account (TSA), an essential tool that brings all government […]
As growing economic activity continues to boost the demand for freight transport, what if there was a way to move goods around that didn’t involve putting more trucks on the road and creating more congestion? What if we could carry large quantities of grain, minerals, containers, and other commodities from production centers to ports and […]
The impact of a US-China technological decoupling on trade, foreign direct investment, and welfare is quantified using a simple dynamic quantitative trade model that includes FDI as a channel of technology diffusion. By evaluating the impacts of restrictions on technology diffusion and export controls separately, this column suggests that the potential negative impact of a […]